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PHANTOM PROFIT
\fˈantəm pɹˈɒfɪt], \fˈantəm pɹˈɒfɪt], \f_ˈa_n_t_ə_m p_ɹ_ˈɒ_f_ɪ_t]\
Definitions of PHANTOM PROFIT
1910 - Black's Law Dictionary (2nd edition)
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When
a
cash
transaction
has
been
written
in
the
books,
while
no
cash
was
ever
deposited for
it
.
1910
- Black's Law Dictionary (2nd edition)
By Henry Campbell Black
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